The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Investors who pay attention to the currency circle should have heard of the concept of Bitcoin's market capitalization ratio. Many times we will analyze whether we are in a bull market based on Bitcoin's market capitalization ratio. If we want to describe in detail what the market value of Bitcoin is, it is actually the percentage of the market value of Bitcoin to the total digital currency market. We all know that the market value of Bitcoin currently accounts for half of the market value of the entire currency circle, and Bitcoin’s market value ranks third. One, and it occupies nearly 70% of the market value share, which can be said to beat all other projects. Many investors still don’t know where to look at Bitcoin’s market capitalization ratio? Below, the editor of the currency circle will introduce to you how to query the market value of Bitcoin.

 Where can I see the market value of Bitcoin?

This is easy to check. You can check it on many Bitcoin market websites. The current market value of Bitcoin accounts for 39.62% of the entire digital currency.

This ratio is very interesting. When the market is not good, a lot of funds will go to Bitcoin, increasing the market value of Bitcoin.

When the market is good, a lot of funds will run out of Bitcoin, reducing the market value of Bitcoin. The worst time for Bitcoin's market capitalization was in June 2017, when Bitcoin's market capitalization fell to 37.84%.

What proportion of Bitcoin's market capitalization is generally considered a bull market?

Yang Haipo, CEO of ViaBTC Mining Pool, posted on Weibo that BTC’s market value still accounts for more than 60%, indicating that it is still early in the bull market. BTC is the main entrance to OTC funds, and then gradually spills over to other currencies. BTC has already reached a market value of over one trillion U.S. dollars, and this bull market will most likely reach the target of 50,000 to 10 trillion dollars. These funds are restless, and if they spill some of them into other coins, they will have a market value of 10 billion or 100 billion.

 Introduction to the characteristics of the Bitcoin bull market:

1. Characteristics of market popularity

Before the bull market is about to come, due to the long-term decline of the currency market, a heavy hold-up will be formed in the market, and the popularity will continue to be trapped and exhausted. However, it is often when market sentiment is extremely low that it is precisely when the currency market is not far from the real low.

2. Characteristics of trend patterns

During the upcoming bull market, technical forms will break out and accelerate the decline. Various technical bottoms, market bottoms, policy bottoms, support levels and barriers all appear weak, and they will be defeated even if they resist even a little. Various moving average systems are also in the downward divergence stage, and the angle of divergence shows an increasing trend.

3. Characteristics of the decline

When the market is in an upward trend, you can focus on two types of measurement standards: one is the top position of the previous market. Usually the adjustment that occurs in a strong rising market will not be lower than the highest point of the previous market. Another standard is the golden section of the current market increase.

4.Characteristics of policy aspects

This is the most critical factor for the market to achieve a bull market, which mainly includes two aspects: on the one hand, it is the clear support of the policy; on the other hand, the market development can receive active cooperation from the policy.

The above content is the detailed answer of the editor of the currency circle to the question of where to look at the market value of Bitcoin. I hope it can be helpful to everyone. In fact, for Bitcoin investors, whether you want to invest in Bitcoin or other digital currencies, the most important thing about investment for us is the investment process. We must learn to guard against transaction risks. The sources of risk in digital currency investment are very rich. After buying coins on the exchange, it is best to transfer your digital currency to the wallet, and it is best not to choose some very niche digital currencies to invest, because these The probability that the currency is air currency or MLM currency will be higher.